Imperial Brands PLC (LON:IMB) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Imperial Brands PLC (LON:IMB) have received a consensus recommendation of “Moderate Buy” from the seven analysts that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is GBX 3,433.33.

IMB has been the topic of several research reports. UBS Group reiterated a “neutral” rating and set a GBX 3,150 price target on shares of Imperial Brands in a research report on Monday, May 11th. Citigroup reduced their price target on shares of Imperial Brands from GBX 3,650 to GBX 3,550 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 2,700 price target on shares of Imperial Brands in a research report on Wednesday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 3,500 price target on shares of Imperial Brands in a research report on Wednesday. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 3,500 target price on shares of Imperial Brands in a research report on Wednesday.

Insider Buying and Selling at Imperial Brands

In other Imperial Brands news, insider Murray McGowan sold 15,955 shares of the company’s stock in a transaction dated Monday, February 16th. The shares were sold at an average price of GBX 3,230, for a total transaction of £515,346.50. Also, insider Lukas Paravicini sold 30,561 shares of the company’s stock in a transaction dated Monday, February 16th. The shares were sold at an average price of GBX 3,219, for a total transaction of £983,758.59. Corporate insiders own 0.46% of the company’s stock.

Imperial Brands Stock Down 0.4%

Shares of LON IMB opened at GBX 2,855.83 on Friday. The firm’s 50-day simple moving average is GBX 2,972.27 and its 200 day simple moving average is GBX 3,095.75. The company has a market cap of £22.13 billion, a price-to-earnings ratio of 11.46, a price-to-earnings-growth ratio of 16.51 and a beta of 0.17. The company has a quick ratio of 0.41, a current ratio of 0.70 and a debt-to-equity ratio of 278.43. Imperial Brands has a 12-month low of GBX 2,667 and a 12-month high of GBX 3,341.

Imperial Brands (LON:IMB) last issued its quarterly earnings results on Tuesday, May 12th. The company reported GBX 127.70 earnings per share (EPS) for the quarter. The business had revenue of GBX 1,471.90 billion for the quarter. Imperial Brands had a net margin of 8.96% and a return on equity of 39.24%. On average, research analysts expect that Imperial Brands will post 246.5723613 earnings per share for the current fiscal year.

About Imperial Brands